TrueLayer Hits Record-Breaking Milestone Processing Over $10 Billion in Payments in a Single Month
- 2 days 8 hours ago
- Open Banking
TrueLayer, Europe’s fastest growing payments network, has announced its biggest month ever, processing over $10 billion in total payment volume (TPV) in April – equivalent to more than $100 billion on an annualised basis.
RiseUp Partners with Yapily to Bridge the Gap Between Financial Insights and Payments
- 2 weeks 1 day ago
- Open Banking
RiseUp, the AI-driven financial insights tool, has partnered with European open banking infrastructure provider Yapily to help RiseUp customers turn insights into action by enabling fast and seamless payments between accounts.
Sumsub Partners With Volt To Enable Open Banking-Powered User Verification
- 3 weeks 3 days ago
- Open Banking
Volt, the global real-time payments platform, today announces its new strategic open banking partnership with Sumsub, a global full-cycle verification platform. Volt will power Sumsub’s Penny Drop Verification flow, which involves an end user being directed to their banking app after scanning their identity document.
Paysend Partners With Tink To Enhance Open Banking Payments for Faster Seamless Transfers
- 4 weeks 5 hours ago
- Open Banking
Paysend, the global fintech growing the world’s largest digital payment network – unifying over 20 billion endpoints into a single global, open and instant payment system – has partnered with Tink, A Visa Solution, to enhance its Open Banking capabilities. By integrating Tink’s market-leading solutions, Paysend is improving coverage, speed and payment quality for customers in key markets.
Pizza by Bank: TrueLayer Announces Papa Johns Partnership
- 1 month 6 days ago
- Open Banking
TrueLayer, Europe’s leading Pay by Bank network, has today announced a partnership with Papa Johns, one of the world’s most beloved pizza brands to introduce Pay by Bank, a seamless and secure payment method that enables customers to pay directly from their bank accounts.
Backbase And Salt Edge Join Forces To Accelerate Open Banking Compliance And Innovation
- 1 month 1 week ago
- Open Banking
Backbase, a global leader in engagement banking, has partnered with Salt Edge, a leading provider of open banking solutions, to accelerate the adoption of open banking and help banks seamlessly meet compliance requirements while unlocking new revenue opportunities.
Tink Hits 10,000 Merchant Milestone for Open Banking Payments
- 1 month 2 weeks ago
- Open Banking
Tink, A Visa Solution, the market-leading open banking platform, has announced that 10,000 merchants have now chosen Pay by Bank via its Payment Service Provider (PSP) partnerships. Tink also recently hit a new €100M peak in a single day for its payment initiation services (PIS) across Europe, marking a tipping point in demand for Pay by Bank.
Mastercard Open Banking Powers Account Aggregation For Virgin Money Credit Card Customers
- 1 month 3 weeks ago
- Open Banking
Virgin Money customers will soon be able to see their credit card and current account balances and transactions from other banks on the Virgin Money Credit Card App, thanks to a new collaboration between the UK bank and Mastercard. With this smart personal finance solution, powered by Mastercard’s open banking technology, Virgin Money customers will be able to manage their finances quickly, easily and conveniently in one single place.
UK Travel Spending via Open Banking Jumps 230% in 2025 So Far
- 2 months 1 week ago
- Open Banking
Trustly, the global leader in Open Banking, has revealed UK holidaymakers spent 230% more year-on-year on travel in January 2024 using the secure account-to-account payment technology. January is often the most popular month to book holidays with many businesses offering discounts at the start of the year. The research shows the growing use of Pay by Bank among both consumers and businesses in the industry.
Open Banking API Call Volume to Surpass 720 Billion Globally by 2029
- 2 months 1 week ago
- Open Banking
A new study from Juniper Research, the foremost experts in fintech & payments markets, has found the number of Open Banking API calls globally will increase 427%, from 137 billion in 2025.
Paynet Partners With Salt Edge to Meet Moldova’s PSD2 Requirements
- 2 months 2 weeks ago
- Open Banking
Paynet, Moldova’s first digital wallet and a leading electronic money institution (EMI), joins forces with Salt Edge, a global leader in open banking services, to comply with the country’s PSD2 regulations.
TrueLayer Hits 10 Million Consumers, Acquiring a New User Every 3 Seconds
- 2 months 3 weeks ago
- Open Banking
TrueLayer, Europe’s leading Pay by Bank provider, is proud to announce that its consumer network has now surpassed 10 million active users, with a new user now joining every 3 seconds. This rapid growth highlights the accelerating demand for seamless, secure and cost-effective digital payments, with TrueLayer’s Pay by Bank solution leading the charge.
GoCardless and Financial Cloud Partner to Simplify Payments With Direct Debit and Open Banking
- 3 months 3 days ago
- Open Banking
Financial Cloud, a leading provider of enterprise software solutions, has partnered with global bank payment company GoCardless to improve payments for financial service providers in the UK. This collaboration will see GoCardless’ Direct Debit payments and Instant Bank Pay (IBP), its open banking payment feature for one-off payments, embedded directly into the Financial Cloud CRM platform.
FCA and PSR Set Out Next Steps for Open Banking
- 3 months 2 weeks ago
- Open Banking
Open banking is a UK success story with over 11.7 million active users and over 22.1 million open banking payments made monthly. There was significant progress in developing open banking in 2024, thanks to voluntary funding from 20 leading firms. This included:
Santander Goes National in the United States with Openbank, Bringing High Yield Savings Opportunities to More Americans
- 4 months 4 weeks ago
- Open Banking
Santander Bank has officially launched Openbank, a new digital banking platform, whose initial offering brings high yield savings opportunities to more Americans.
